Lithium Argentina AG: Form 6-K Filing
This Form 6-K filing by Lithium Argentina AG details a material change report concerning a strategic investment and the issuance of a convertible debenture. On September 15, 2026, the company closed a US$180 million investment from Ganfeng Lithium Group Co., Ltd. through a six-year unsecured convertible note. The note carries a 4.0% coupon and is convertible into common shares at US$12.50 per share. The net proceeds, combined with existing cash, will be used to fully repay the company's US$259 million convertible notes due in January 2027. Ganfeng currently holds approximately 9.6% of Lithium Argentina's shares, which would increase to about 16.1% on a fully diluted basis if the note is fully converted. The joint venture with Ganfeng for the Pozuelos-Pastos Grandes project is on track for completion by the end of September 2026. The filing also includes the full text of the convertible debenture agreement, outlining terms of principal, interest, conversion, and events of default.